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Egyptian Iron & Steel narrows unaudited losses in 9 months

Egyptian Iron & Steel narrows unaudited losses in 9 months

ArabFinance: Egyptian Iron & Steel (IRON)  announced in a statement sent to EGX, the Board was convened on April 30.

The Board approved the unaudited financial results starting July 2017 and ending March 2018, which revealed incurring net losses of LE456.628 million, versus net losses of LE441.733 million a year ago, representing 1.03% growth.

Moreover, the company made sales of LE1.183 billion versus sales of LE1.113 billion a year ago.

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